Labixiaoxin Snacks Group Limited operates in the Candy & other confectionery products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Labixiaoxin Snacks Group Limited with three other
bakery and confectionary companies in Asia:
Huunghi Food Jsc
of Vietnam
(2018
sales of 1.66 trillion Dong [US$71.58 million]
),
Cocoaland Holdings Bhd
of Malaysia
(253.82 million Malaysian Ringgits [US$61.26 million]
of which 70%
was Trading), and
Hai Ha Confectionery JSC
which is
based in Vietnam
(982.29 billion Dong [US$42.34 million]
).
Sales Analysis.
Labixiaoxin Snacks Group Limited reported sales of 502.80 million Chinese Renmimbi (US$71.74 million)
for the
year ending
December of 2018.
This
represents
a
sharp
decrease of 44.3%
versus 2017, when the company's sales were 902.80 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 94.4% decline
in Other Products, from 64.29 million Chinese Renmimbi to 3.63 million Chinese Renmimbi.
There were also decreases in sales in
Jelly Products (down 40.3% to 357.80 million Chinese Renmimbi)
and
Confectionary Products (down 30.3% to 115.43 million Chinese Renmimbi)
and
Beverage Products (down 64.7% to 25.94 million Chinese Renmimbi)
.